HNI Corporation Announces New Compensation Plan for COO B. Brandon Bullock III with Increased Base Salary and Long-Term Incentives

Reuters
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HNI Corporation Announces New Compensation Plan for COO B. Brandon Bullock III with Increased Base Salary and Long-Term Incentives

On June 16, 2025, HNI Corporation announced the appointment of B. Brandon Bullock III as Chief Operating Officer, along with new compensation terms. Mr. Bullock, who has been with HNI for six years, will see his base salary increase from $479,000 to $526,900 annually. Additionally, his long-term incentive award target for fiscal 2025 will be raised from 100% to 125% of his base salary, effective immediately. Mr. Bullock received a prorated long-term incentive award valued at $113,430, comprised equally of restricted stock units and performance share units for the 2025-2027 performance period. He will continue to participate in HNI's various executive compensation and benefit programs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HNI Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-023132), on June 20, 2025, and is solely responsible for the information contained therein.

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